Globalization, when businesses, technologies, and philosophies spread amongst the world seeking to enter different marketplaces. Canada is one of the most globally active countries in the world, with a highly successful communications and technology system, a government which is internationally conscious, an economy which is heavily involved in trade, and a society composed of various individuals from apposing cultural backgrounds (Stephen, 2012). Items such as smartphones, televisions and cars are used by Canadians in their daily lives but are not necessarily originated in Canada, this is globalization occurring in Canada. Canada benefits from globalization by not only sales and profit but also by inheriting foods that we do not have access to in the winter, emigrating people and taking them out of poverty which can lead to more job opportunities, and becoming more diverse by having people from all over the world (Meushie, 2011).
Canada is ranked the 12th largest export economy in the wold and the 33rd most complex economy. A complex economy is literally what it says “complex”, in other words it is a diverse, developed economy and some what a mess. In 2013 Canada exported a total amount …show more content…
In 2012 the countries added up to an astonishing $600 billion worth of exports amongst each other; (Poland, 2015) and now it has projected to go even higher. Canada has had a trade value, combining both exports and imports of $632 billion with the United States themselves (Poland, 2015). Canada and United States are not only neighboring countries but also do a lot of business with each other, about 73% of Canada’s exports are completed by the U.S and 63% of Canadas’s imports were from the United States. (Stephen, 2012). Since the U.S is the world’s largest national economy and Canada can learn from it, it is only beneficial to keep doing business with them for our
Canada is ranked the 12th largest export economy in the wold and the 33rd most complex economy. A complex economy is literally what it says “complex”, in other words it is a diverse, developed economy and some what a mess. In 2013 Canada exported a total amount …show more content…
In 2012 the countries added up to an astonishing $600 billion worth of exports amongst each other; (Poland, 2015) and now it has projected to go even higher. Canada has had a trade value, combining both exports and imports of $632 billion with the United States themselves (Poland, 2015). Canada and United States are not only neighboring countries but also do a lot of business with each other, about 73% of Canada’s exports are completed by the U.S and 63% of Canadas’s imports were from the United States. (Stephen, 2012). Since the U.S is the world’s largest national economy and Canada can learn from it, it is only beneficial to keep doing business with them for our